Redwood Trust, Inc.
Redwood Trust, Inc. (RWT-PA) Financial Performance & Income Statement Overview
Review Redwood Trust, Inc. (RWT-PA) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
Redwood Trust, Inc. (RWT-PA) Income Statement & Financial Overview
View the income breakdown for Redwood Trust, Inc. RWT-PA across both annual and quarterly reports.
Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
---|---|---|---|---|
Revenue | $73.85M | $30.88M | $69.72M | $67.45M |
Cost of Revenue | $10.06M | $9.70M | $9.53M | $8.53M |
Gross Profit | $63.79M | $21.18M | $60.19M | $58.92M |
Gross Profit Ratio | $0.86 | $0.69 | $0.86 | $0.87 |
R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
SG&A Expenses | $37.47M | $32.53M | $36.008M | $33.28M |
Operating Expenses | $37.47M | $32.53M | $36.008M | $33.28M |
Total Costs & Expenses | $47.53M | $42.23M | $45.54M | $41.81M |
Interest Income | $272.09M | $266.36M | $248.64M | $225.42M |
Interest Expense | $244.15M | $238.76M | $223.15M | $200.12M |
Depreciation & Amortization | $2.75M | $2.79M | $2.82M | $5.05M |
EBITDA | $0.00 | $241.19M | $247.91M | $225.63M |
EBITDA Ratio | $0.00 | $7.81 | $3.56 | $3.35 |
Operating Income | $26.32M | -$11.35M | $24.18M | $25.64M |
Operating Income Ratio | $0.36 | -$0.37 | $0.35 | $0.38 |
Other Income/Expenses (Net) | -$3.91M | $10.99M | -$2.23M | -$5.18M |
Income Before Tax | $22.41M | -$356000.00 | $21.95M | $20.46M |
Income Before Tax Ratio | $0.30 | -$0.01 | $0.31 | $0.30 |
Income Tax Expense | $6.26M | $6.26M | $7.13M | $4.92M |
Net Income | $16.15M | -$6.62M | $14.83M | $15.53M |
Net Income Ratio | $0.22 | -$0.21 | $0.21 | $0.23 |
EPS | $0.10 | -$0.07 | $0.09 | $0.10 |
Diluted EPS | $0.10 | -$0.07 | $0.09 | $0.10 |
Weighted Avg Shares Outstanding | $132.77M | $132.29M | $132.22M | $132.12M |
Weighted Avg Shares Outstanding (Diluted) | $132.77M | $132.29M | $132.36M | $132.12M |
Over the last four quarters, Redwood Trust, Inc. achieved steady financial progress, growing revenue from $67.45M in Q2 2024 to $73.85M in Q1 2025. Gross profit stayed firm with margins at 86% in Q1 2025 versus 87% in Q2 2024. Operating income totaled $26.32M in Q1 2025, maintaining a 36% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $0.00. Net income rose to $16.15M, with EPS at $0.10. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
Unlock 25+ Years of Financial Data
Get access to extended historical data, advanced metrics, and more with our premium plan